15 4-7 saved Oak Mart, a producer of solid oak tables, reports the following data from its second year of siness $ 300 per unit 115,000 units 118,750 units 3,750 units $ 487,500 281,250 $ 768,750 Sales price per unit Units produced this year Units sold this year Units in beginning year inventory Beginning inventory costs Variable (3,750 units $130) Fixed (9,750 units 575) Total Manufacturing costs this year Direct materials Direct labor Overhead costs this year Variable overhead Fixed overhead Selling and administrative costs this year Variable Fixed $ $ 44 per unit 66 per unit 53,400,000 $7,200,000 $1,350,000 4,000,000 2. Prepare the current-year Income statement for the company using absorption costing OAK MART COMPANY Absorption Costing Income Statement Boginning inventory Manufacturing costs this year O EL 2. Prepare the current-year income statement for the company using absorption costing. OAK MART COMPANY Absorption Costing Income Statement Beginning inventory Manufacturing costs this year Net income (loss) Search